Polysilicon futures contracts rebounded strongly, turning from losses to gains during the day, after falling nearly 4% earlier, and are currently trading at 53,230 yuan/ton. In related news, the China Photovoltaic Industry Association issued a statem

According to the Wall Street Journal, sources say the White House is considering an executive order targeting the influence of proxy advisors, and officials have discussed banning or restricting their advice to shareholders.

Key News 1. The People's Bank of China (PBOC): To effectively implement counter-cyclical and cross-cyclical adjustments, enhance macroeconomic governance efficiency, and continuously stabilize growth, employment, and expectations. 2. The PBOC: To study and formulate a financial technology development plan for the 15th Five-Year Plan period and steadily and orderly promote the application of large-scale artificial intelligence models in the financial sector. 3. The National Development and Reform Commission (NDRC): 83 infrastructure REITs projects have been issued and listed, expected to drive total investment in new projects exceeding 1 trillion yuan. 4. A spokesperson for the Ministry of Commerce answered reporters' questions regarding the US suspension of the export control penetration rule. Individual Stock News 1. Vanke A: Shenzhen Metro Group will provide the company with a loan of no more than 1.666 billion yuan. 2. Shangwei New Materials: The stock price has seriously deviated from current fundamentals and faces the risk of a rapid decline at any time. 3. Shangwei New Materials: The recently launched embodied intelligent robot business is in the product development stage and has not yet achieved mass production and large-scale sales. 4. Midea Group: The 2025 interim A-share profit distribution plan is 10 shares for 5 yuan, with a total dividend payout of 3.448 billion yuan. 5. Wald: Diamond micro-drills are used in PCB board hole processing; the product is still in the R&D and testing stage. 6. Haike Xinyuan: Kunlun New Materials expects to purchase 596,200 tons of electrolyte solvent from the company. 7. Hefu China (10 out of 11 days of limit-up trading): The company's stock turnover rate has fluctuated significantly, showing a clear "pass-the-parcel" effect. 8. Yonggui Electric: Signed a framework cooperation agreement with Zhiyuan Robotics to explore the application of connectors and wire harnesses in humanoid robots. 9. Tongxing Technology: Plans to invest 3.2 billion yuan to build a project with an annual output of 100,000 tons of sodium cathode materials and 6GWh of battery cells. 10. Fujian Shares (4 consecutive limit-up days): Due to the uncertainty of the recovery of the downstream lithium battery industry, Fujian New Energy still faces the risk of losses. 11. Dazhihui: Individual Wang Gongwei sued the company, demanding the revocation of the resolutions passed by the shareholders' meeting regarding the absorption and merger of Xiangcai Shares and other related matters. 12. Qin'an Shares: Plans to acquire 99% equity of Yigao Optoelectronic Technology for RMB 885 million, and promises to achieve a cumulative net profit of no less than RMB 240 million over three years.